Saudi Arabia, the nation most affected by the Houthis’ threats to commercial traffic, is forming a naval coalition to restore order in the waterway.

Each year, approximately 12 to 15 percent of global maritime trade worth more than $1 trillion transits the waterway, which extends from the Suez Canal in the north to the Bab…

Saudi Arabia, the nation most affected by the Houthis’ threats to commercial traffic, is forming a naval coalition to restore order in the waterway.